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30 Jul 2012, 4:34 pm
"Buy and hold" annuities, according to the Motion, "are those whereby the underlying insurer retained, or held the liability for future payments, and funded that liability through its ownership of a qualified funding asset, or annuity. [read post]
29 Jul 2012, 7:58 am
Comment: Education Law Article 8-c, Special Annuity, addresses tax deferred annuity programs available to certain employees of the State and political subdivisions of the State. [read post]
27 Jul 2012, 3:51 pm
According to the Motion, Vodola's promise on behalf of Fireman's Fund that structured settlement shortfall payees "will receive a hundred percent of their benefits regardless of what happens here" was specifically limited to ELNY annuitants "who are entitled to payments under annuities owned by Fireman's Fund. [read post]
27 Jul 2012, 3:51 pm
(see Addendum below) According to the Motion, Vodola's promise on behalf of Fireman's Fund that structured settlement shortfall payees "will receive a hundred percent of their benefits regardless of what happens here" was specifically limited to ELNY annuitants "who are entitled to payments under annuities owned by Fireman's Fund. [read post]
24 Jul 2012, 7:03 am
On the other hand, state Medicaid agencies (like the Department of Public Welfare in Pennsylvania) don’t like annuities because they allow individuals to qualify for Medicaid sooner, which means state funds will be expended sooner. [read post]
24 Jul 2012, 5:49 am
request information concerning proposed funding media, products, or annuity contractors; 3. [read post]
24 Jul 2012, 4:00 am
The distribution scheme is up to the Judge and some Courts may put restrictions on the funds even if the net proceeds exceed $15,000, the funds are required to be placed in a restricted depository or put into an annuity that pays the injured child at 18 and / or thereafter. [read post]
23 Jul 2012, 2:54 pm
Remember, insurance policies (cash value), retirement funds, land that is not your primary residence, all counts against you. [read post]
19 Jul 2012, 12:50 pm
Regular readers may recall the sad story of Glen Neasham, who sold an annuity and went to jail. [read post]
19 Jul 2012, 11:17 am
If not accounted for, this can thrown some seniors into a financial tailspin, with insufficient funds to pay monthly obligations. [read post]
18 Jul 2012, 6:27 am
About the same time, Henry named defendant as the beneficiary of his annuity account, and in June 2005, this attorney wrote the letter to plaintiff about the $11,000. [read post]
18 Jul 2012, 6:27 am
About the same time, Henry named defendant as the beneficiary of his annuity account, and in June 2005, this attorney wrote the letter to plaintiff about the $11,000. [read post]
16 Jul 2012, 2:00 pm
The ELNY Hardship Fund has not been funded. [read post]
13 Jul 2012, 8:00 pm
Point Du Jour’s best interests (see, Settlement Funding of New York, LLC v. [read post]
12 Jul 2012, 4:03 pm
[Note: This is also a good time to check all beneficiary designations, including life insurance and annuities.] [read post]
12 Jul 2012, 9:56 am
If the suit is held up in court, private entities may be forced to turn over your funds to help offset a debt. [read post]
12 Jul 2012, 5:56 am
Furthermore, the remaining annuity and residual MSA funds become part of the applicant's estate as opposed to benefits simply ending upon death as they do in comp. [read post]
10 Jul 2012, 4:31 pm
THAT WAS THEN: "Sovereign Funding Group will purchase all or a portion of your annuity payments and pay you a lump sum amount of cash now". [read post]
7 Jul 2012, 7:43 pm
That opinion is captioned Settlement Funding/Peachtree Settlement Services Corp. v. [read post]
3 Jul 2012, 10:09 am
For reasons never satisfactorily explained, the ELNY rehabilitation plan differentiated between ELNY's traditional life and annuity business and its single premium annuities individual annuities (SPIAs) including all ELNY structured settlement annuities. [read post]